(a)
- (1) Arkansas law provides that police officers covered by a local plan shall contribute six percent (6%) of monthly salary to the local plan.
- (2) However, if the officers are also contributing to Social Security, the law sets the monthly deduction at four percent (4%) of monthly salary, which can by increased to no more than six percent (6%) by a majority vote of the contributing members.
- (b) Beginning January 1, 1985, each city and town with a local police pension fund shall contribute six percent (6%) of each officer’s monthly salary to the local plan, except in those departments covered by Social Security, in which case the employer shall contribute the same percentage of salary which is contributed by the officers (no less than four percent (4%) or more than six percent (6%)).